Sales of foodservices in Canada 2010-2015, by sector
Canadian foodservices - additional information
Sales of commercial foodservices in Canada grew steadily from 2010 to 2014 and were forecasted to increase to almost 60 billion Canadian dollars by 2015. Commercial foodservice sales vary from province to province. Ontario generates by far the largest share of commercial foodservice sales and Newfoundland, Labrador and Prince Edward Island generally see the smallest figures.
With nearly 70 percent of Canadian consumers visiting convenience stores once a month or more, convenience stores are valuable to the Canadian foodservice industry. According to a consumer study held in February 2015, the main reasons for buying food at convenience stores were the prices and the cleanliness. Survey respondents also named breakfast sandwiches and bagels as the two most popular breakfast items at convenience store foodservices.
In 2015, a study among CEOs within Canadian foodservice companies found that the leading challenge for the industry was operating costs. In a separate survey, salary, wages and benefits were the largest expense category according to the survey respondents, accounting for nearly one third of their expenses. Canadian quick-service restaurant operators reported that salary, wages and benefits made up approximately 24 percent of their gross margin in 2014, compared to fine-dining restaurant operators who said these expenses accounted for around 35 percent.
On the other hand, foodservice CEOs are also aware of the opportunities open to the Canadian foodservice industry. Menu-related opportunities, such as innovation, more choice and ingredient quality, were the leading opportunities according to the survey respondents.